Jamaica earned just over US$1.4 billion from exports in 2021. Data from the Statistical Institute of Jamaica (STATIN) show that this was 15.2 per cent higher than the 2020 outturn. Director-General of STATIN Carol Coy, said the increase was largely spurred by higher exports of mineral fuels, up 75.5 per cent. She was speaking during STATIN’s digital quarterly media briefing...

The Jamaica Intellectual Property Office (JIPO) has announced its activities for Intellectual Property Week, which will be observed from Sunday, April 24 to Friday, April 29. On Sunday, April 24, there will be a church service at the Transformed Life Church on Hagley Park Road in Kingston, followed by the official launch of Intellectual Property Week on Monday (April 25)...

The Department of Co-operatives and Friendly Societies (DCFS) has officially launched its online registration and monitoring system as part of efforts to improve the ease of doing business. Addressing the official launch at The Jamaica Pegasus on Thursday (April 14), Minister of State in the Ministry of Industry, Investment and Commerce, Dr. the Hon. Norman Dunn, said the project supports...

Minister of Industry, Investment and Commerce, Senator the Hon. Aubyn Hill, says Jamaican businesses need to invest more in the local manufacturing and export sectors. Although the sectors are recovering stronger, having recorded a more than 55 per cent increase in domestic exports over the past year, there is room for further expansion and development, he said. “I want Jamaican...

Investors can benefit from Jamaica’s proximity to major global trading markets, and Minister of Industry, Investment and Commerce, Senator the Hon. Aubyn Hill, is encouraging local and international businesses to take advantage of this opportunity. Senator Hill was addressing a ceremony at the AC Hotel by Marriot in St. Andrew on Wednesday (April 13), held to provide an update on...

Small and medium-sized enterprises (SMEs) in the manufacturing, agriculture, and service sectors, have until April 30 to register for the National Quality Awards (NQA) programme, being hosted by the Bureau of Standards Jamaica (BSJ). The deadline for this year’s staging of the NQA has been extended to allow as many companies as possible to participate in the programme. The programme...

The Jamaica Special Economic Zone Authority (JSEZA) is positioning Jamaica to tap into the multi-trillion-dollar Environmental, Social and Governance (ESG) investment market. ESG investing refers to putting money in companies, which, through their environmental performance, social impact and governance issues, are focused on balancing people, planet and profits. It is becoming increasingly popular as investors seek long-term value and alignment...